Kubota (OTCMKTS:KUBTY) Shares Gap Up – Here’s What Happened

Kubota Corp. (OTCMKTS:KUBTY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $84.9450, but opened at $90.23. Kubota shares last traded at $89.57, with a volume of 12,636 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut Kubota from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Kubota Trading Down 0.4%

The company has a quick ratio of 1.26, a current ratio of 1.65 and a debt-to-equity ratio of 0.48. The firm’s 50 day simple moving average is $83.89 and its two-hundred day simple moving average is $80.78. The stock has a market cap of $20.13 billion, a P/E ratio of 13.94 and a beta of 0.91.

Kubota (OTCMKTS:KUBTY) last released its earnings results on Friday, May 8th. The industrial products company reported $2.05 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.51. Kubota had a net margin of 7.00% and a return on equity of 7.76%. The firm had revenue of $5.18 billion during the quarter, compared to analyst estimates of $4.91 billion. Kubota has set its FY 2026 guidance at 6.370-6.370 EPS. As a group, equities research analysts predict that Kubota Corp. will post 5.89 earnings per share for the current fiscal year.

Kubota Company Profile

Kubota Corporation (OTCMKTS: KUBTY) is a Japanese multinational manufacturer specializing in agricultural machinery, construction equipment, engines and water infrastructure systems. Founded in 1890 and headquartered in Osaka, Japan, the company has grown from its origins as a cast-iron manufacturer into a diversified industrial enterprise. Kubota’s agricultural machinery portfolio includes tractors, combine harvesters, rice transplanters and irrigation equipment, while its construction machinery lineup features compact excavators, wheel loaders and skid-steer loaders.